The total authorized capital of RRBs was originally fixed at Rs 1 cror – McqOptions

MCQOPTIONS

1.	The total authorized capital of RRBs was originally fixed at Rs 1 crore which has since has been raised to ..
A.	Rs 2 crore
B.	Rs 3 crore
C.	Rs 5 crore
D.	Rs 7 crore
Answer» D. Rs 7 crore

Discussion

No Comment Found

Related MCQs

Which bank came into existence in the year 1921 when three banks namely, Bank of Bengal (1806), Bank of Bombay (1840) and Bank of Madras (1843) were reorganized and amalgamated to form a single banking entity?
SIDBI is one of the four All India Financial Institutions regulated and supervised by the Reserve Bank of India
In 1955, the Reserve Bank of India acquired the controlling interests of the _________and SBI was created by an act of parliament:
National Bank for Agriculture and Rural Development (NABARD) is an apex .. fully owned by Government of India.
Credit Information Bureau India Limited is India s first credit rating agency which was incorporated in the year
Micro credit or micro finance is a novel approach to bank with the poor. In this approach bank credit is extended to the poor through which of the following?
____is the largest commercial bank in India in terms of assets, deposits, profits, branches, customers and employees:
Th e practice of conducting banking transactions from home rather than at bank branches by means of electronic telecommunication known as------
Both assignment and nomination are possible in the case of insurance policies
is a credit facility granted by commercial banks to current account holders